As part of the Fed’s year-long review of its monetary policy strategy, tools and communications practices, the St. Louis Fed is assembling members of its six advisory councils, representing a geographically and industry-diverse group of stakeholders.

Girl Scout Brownie Activities to Earn the Money Manager Badge

Through these activities, Brownies learn about income, saving, spending, and budgeting. They first analyze a cartoon to discuss what it means to manage money. They then learn about the sources of income and that a budget is a plan for how you will spend and save income. They work in pairs to complete an activity where they must choose between spending and saving and then identify their opportunity costs. As a closing activity, they apply their budgeting skills to plan a family meal, with the intention of having some money left over.